2023
Exports
$2.23BWorld Rnk 5 / 225
Flag Rnk 30 / 1212
2023
PRODUCT COMPLEXITY IN Knit T-shirts
-1.53Rnk 948 / 1025
2023
Imports
$141MWorld Rnk 48 / 225
Flag Rnk 373 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $2.23B in Knit T-shirts, making it the 5th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 30th most exported product in India. The main destination of Knit T-shirts exports from India are: United States ($401M), Germany ($241M), United Arab Emirates ($214M), United Kingdom ($136M), and France ($120M).

The fastest growing export markets for Knit T-shirts of India between 2022 and 2023 were Nicaragua ($48.2M), Senegal ($2.96M), and Chinese Taipei ($2.12M).

Imports In 2023, India imported $141M in Knit T-shirts, becoming the 48th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 373rd most imported product in India. India imports Knit T-shirts primarily from: Bangladesh ($69.4M), China ($28.2M), Vietnam ($15.1M), Cambodia ($6.28M), and Turkey ($3.86M).

The fastest growing import markets in Knit T-shirts for India between 2022 and 2023 were Vietnam ($5.39M), Cambodia ($2.16M), and Indonesia ($1.3M).

COMPANIES In 2023, leading companies such as Guess Clothing (296), Mystic Apparel (124), and JP Boden Services (68) were at the forefront of shipping Knit T-shirts from India to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit T-shirts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.23B
IMPORTS (2023)$141M
NET TRADE (2023)$2.08B

In 2023, India exported $2.23B in Knit T-shirts. The main destinations of India exports on Knit T-shirts were United States ($401M), Germany ($241M), United Arab Emirates ($214M), United Kingdom ($136M), and France ($120M).

In 2023, India imported $141M in Knit T-shirts, mainly from Bangladesh ($69.4M), China ($28.2M), Vietnam ($15.1M), Cambodia ($6.28M), and Turkey ($3.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR India WERE (2022 - 2023):
Nicaragua$48.2M (190%)
Senegal$2.96M (72.2%)
Chinese Taipei$2.12M (70.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY India WERE (2022 - 2023):
United States-$117M (-22.5%)
Germany-$90.7M (-27.4%)
Saudi Arabia-$48.6M (-38.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Knit T-shirts were:
China $8.58B
Turkey $2.98B
In 2023, India's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $233M
TOP IMPORT POTENTIALBangladesh+ $106M

Knit T-shirts’s highest export potential is United States. With an export gap of $233M.   Knit T-shirts’s highest import potential is Bangladesh with an import gap of $106M.

See methodology.

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